this post was submitted on 04 Sep 2023
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Communism
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Coincidentally, this also happens in communist countries with corruption.
If there is a group of people, a class if you will, having to be in a position to have more power and money (or money at all) than others, it isn't communism.
Said “communist” countries would typically be better referred to as “state capitalists”.
Why? Definitionally, a capitalist system is one in which the profits of a company go to the private owner of said company to be distributed or kept as he/she/they seem fit. Definitionally, a socialist system is one in which the profits of a company go to the ones actually doing the work.
In “communist” China or “communist” Soviet Russia or other corrupt authoritarian “communist” states, where do the profits go? To the workers? No, it goes to the government, with the asinine presumption that the government “is the people” and that the government would hand it out. But that doesn’t happen. So by definition, this system is not socialist, it’s simply capitalist where the capitalist in question happens to be the government. Hence: state capitalism.
Coincidentally, this is only a problem with comprised America and isn’t an inherent issue with capitalism (just our implementation) as people make it out to be. A properly implemented capitalist society would be ideal, alas no such country exists today as far as I know (I’m not too familiar with any African countries so I can’t say definitively)